Gold Prices Today in Egypt: Decline of 5 Pounds for 21 Karat

2023-06-07 10:30:00


Islam Saeed Books

Wednesday, 07 June 2023 01:30 PM

to attest gold price 21 karat, which is the best-selling in Egypt, a limited decline of regarding 5 pounds, to record 2345 pounds, compared to 2350 pounds yesterday, Tuesday, amid limited trading on gold in the goldsmiths market, while the global price of gold continues to decline slightly, to record an ounce of gold 1962 dollars.

Gold prices today:

21 karat records 2345 pounds.

18 karat records 2010 pounds.

24 karat records 2680 pounds.

The gold pound is 18,760 pounds.

habit gold prices Today, it declined following two days of cautious rise, as the precious metal’s trading is affected by a narrow range of trading resulting from the absence of price-moving factors in the markets, with the markets preparing for the Federal Reserve’s decision next week.

Spot gold prices decreased today, Wednesday, by 0.2%, to trade at the time of writing the technical report for Gold Billion at the level of $1962 an ounce, and this comes following gold prices settled above the level of $1950 an ounce for three consecutive sessions.

Gold markets are currently witnessing weak speculation in the absence of a clear direction for the path of interest rates by the Federal Reserve, especially following conflicting statements by Fed members and economic data issued by the US economy.

During the past two weeks, many statements were issued by members of the Federal Reserve, which witnessed a division between those calling for more monetary tightening to confront inflation that refuses to decline, and among members wishing to fix interest rates during the next meeting of the Bank to review the impact of ten consecutive meetings of raising interest rates on the markets and the economy.






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